Solar Panel Cost Guide in Corinth, TX (2025 Update)
- Corinth Solar Installation Cost: $17,850
- 25-Year Savings: $20,113
- Payback Period: 12.9 Years
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Average Cost of Solar Panels in Corinth
Find out what the average cost of a solar system is in Corinth.
Currently, the national average cost of solar panels is $2.66 per watt. However, in Corinth, the typical cost of solar panels is 3 per watt.Because a 7.7-kW system is needed to cover the energy needs of a typical home in Corinth, the average price of going solar will be about $17,850 after claiming the federal solar tax credit of 0.
The prices above are just estimates to give you an idea of how much a solar energy system could cost. The true cost of making the switch to solar can vary depending on several factors, such as what size system you need, your energy consumption and what company you go with.For many homeowners, the upfront investment in solar is worth paying. On average homeowners in Corinth see about $17,000 in savings on electricity bills over 20 years.
To see your potential savings and connect with a local solar installer, click the button below.
Solar savings over time in Corinth
| Year | Return on Investment |
|---|---|
| 1 years | $-16,346 |
| 3 years | $-13,339 |
| 5 years | $-10,332 |
| 7 years | $-7,324 |
| 9 years | $-4,317 |
| 11 years | $-1,309 |
| 13 years | $1,698 |
| 15 years | $4,706 |
| 17 years | $7,713 |
| 19 years | $10,720 |
| 21 years | $13,728 |
| 23 years | $16,735 |
| 25 years | $19,743 |
Top Solar Installers in Corinth
DIY solar panel installation is a possibility, but it's an undertaking that can be a pain. Hiring a solar panel installer can make your switch to solar power much easier. Also, companies with a good reputation that are more expensive upfront could actually save you money in the long run with their warranties, repair services and expert design.
Working with a professional solar installer can help your solar project go smoothly. Here are our recommendations:
See all of the solar companies in Corinth
Factors that Affect Solar Panel Costs in Corinth
Though the average cost of a solar system in Corinth is $17,850, your final cost may differ. There are several factors that can have a significant impact on the cost of a solar panel installation. Below are some of the more crucial things to consider.
Solar Equipment
One of the most significant factors to consider when it comes to the cost of adopting solar energy is the size of the solar system, which is measured in kilowatts (kW). The more energy your household consumes, the larger your system will likely need to be. You can expect to spend around $3,330 per kilowatt in Corinth.Some solar brands — like Maxeon from SunPower — cost more upfront but also tend to offer higher efficiency. In a city like Corinth, where sunlight is abundant, efficiency can quickly pay off. Plus, if you have a small roof or you don’t have a lot of space for your panels, higher efficiency options will be more impactful. Additional equipment like electric vehicle chargers and solar batteries will also increase the cost.
Solar Financing Terms
Many homeowners find the average cost of solar in Corinth to be too costly, even if the investment pays off over time. Fortunately, almost every solar installer in the area provides access to financing options. Solar loans remarkably decrease upfront costs in most cases, but they also result in paying more over time due to interest.Although solar loans make going solar more accessible for Corinth homeowners, they can also add to the total you pay for your system, depending on your interest rate and how long you take to pay off the loan. If you put down a larger down payment, though, you can cut back on how much interest you have to pay.
Solar Panel Installation Company
The solar installer you choose will influence your total cost to adopt solar power. Different companies will charge different amounts for the equipment and labor.You may notice national solar installers that have lower prices due to their bigger brand name and access to bulk equipment pricing, or you might see small, local installation companies offering deals or promotions to compete with those larger companies.
Solar Panel Cost Data by System Size
| System size | Cost per system watt | Solar system cost | 25-Year savings | Payback period |
|---|---|---|---|---|
| 6 kW | $3.46 | $14,545 | $12,512 | 13.4 years |
| 8 kW | $3.40 | $19,021 | $17,055 | 13.2 years |
| 10 kW | $3.33 | $23,310 | $21,785 | 12.9 years |
| 12 kW | $3.26 | $27,413 | $26,702 | 12.7 years |
| 14 kW | $3.20 | $31,329 | $31,805 | 12.4 years |
| 16 kW | $3.13 | $35,058 | $37,094 | 12.1 years |
| 18 kW | $3.06 | $38,601 | $42,570 | 11.9 years |
| 20 kW | $3.00 | $41,958 | $48,232 | 11.6 years |
How to Save on Solar Panels
There are numerous companies to choose from in Corinth, and some homeowners feel overwhelmed considering their options. Choosing the right company for you can be challenging, so here are some tips to help you decide:
- Reputation: The North American Board of Certified Energy Practitioners (NABCEP) is a well-established certification organization for clean energy professionals. If your solar panel installer is NABCEP-certified, it likely has a good reputation and is qualified to install your solar system. Another way you can check your installer’s reputation is by reading reviews.
- Warranty: An all-inclusive, 25-year warranty can help keep your solar system running for years to come and save you money on repairs and maintenance.
- Installation Process: Get detailed information from your solar company about the installation process and what to expect, including when the site survey will be completed and what the project timeline is.
- Solar Panel Brands: The type of solar panel you need to install plays a role in which company you should go with, since different companies provide different panels.
EcoWatch's Corinth, TX Solar Cost FAQs
What is the average cost of installing solar panels in Corinth?
The average cost of solar panels in Corinth is about $16,650 for a 5-kW system and $33,300 for a 10-kW system before the ITC, but the real cost will depend on certain factors like the type of solar panels you want, what size system you need and how much energy you consume.
Is it better to lease or buy solar panels in Corinth?
Leasing solar panels can be an attractive choice, as it commonly comes with low or $0 upfront payments. The downside is that you won’t be able to save as much. If you lease, you don’t own the system, so you can’t claim any incentives and your home value won’t increase. Buying solar panels is a better option if you want to get the most savings.
Is going solar worth it?
Solar panels can be a great investment for most homeowners, but they might not be worth it for everyone. If your home doesn't get a lot of direct sunlight and/or your power bills are already pretty low, solar panels might not be for you.
How many solar panels do I need to power my home?
The exact number of solar panels you need depends on your household energy usage and how much sunlight your roof gets. You can look at your energy bills for the past year to get an idea of the solar system size you'll need. The average household has to buy between 20 and 35 panels to cover their typical energy usage.
Our goal is to reach as many people as we can with sensible solutions like solar energy. Our team of full-time local researchers collects solar price and installation data for every city in America then compiles it to create these digestible city guides. If you want to read our solar expert's opinion on the top solar companies featured here, follow this link.